Top Arkansas SBA Lenders | SBA Loans in AR

Last annual update: Mar 2, 2024

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Top SBA lenders in Arkansas

The majority of Arkansas-based banks were among the leading lenders to “The Natural State” businesses through the U.S. Small Business Administration’s 7(a) program. Whether your business is a restaurant, auto repair, medical practice, funeral home, veterinary or hotel, your mission is to exceed your customer expectations. So, if you’re ready to step up your business to the next level, here are the top SBA Lenders in Arkansas:

State RankBankBank HQs # of LoansAvg Interest Avg Loan
1Wells FargoSioux Falls, SD 1313.3% $16,923
2KeyBankCleveland, OH 1011.2% $369,990
3Alaska Growth Capital BIDCOAnchorage, AK 911.1% $1,342,422
4Northrim BankAnchorage, AK 810.4% $122,738

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Top industries receiving SBA loans in Arkansas

RankIndustry (NAICS Description)# of LoansAvg Interest Avg Loan
1Beauty Salons109.3% $109,130
2Full-Service Restaurants810.5% $341,463
3Broilers and Other Meat Type87.6% $2,104,725
4Limited-Service Restaurants810.1% $463,188
5Hotels (except Casino Hotels) and Motels79.4% $2,555,857
6Landscaping Services69.4% $68,300
7General Automotive Repair610.1% $296,933
8Snack and Nonalcoholic Beverage Bars59.3% $304,840
9General Freight Trucking, Long Distance, Truckload58.0% $46,420

SBA loans – Arkansas

A note about these Arkansas SBA lenders – People frequently ask us if one of the banks above is 1) on the Arkansas preferred lender list 2) an approved lender in Arkansas, or 3) participating in the Arkansas SBA Express lending program. All these questions revolve around whether a given SBA bank makes small business SBA loans in Arkansas and can they process SBA loans quickly. The answer is yes, of course. These are not the small banks that only make a few SBA loans a year and do not understand the SBA 7(a) loan program. These are the banks that have made the most SBA loans in Arkansas. We analyze thousands of SBA loans each year and rank lenders based on recent activity. We would be remiss if we did not mention that although many banks will only lend in certain geographies, there are a handful of extremely aggressive nationwide SBA lenders who will lend anywhere. These lenders understand the SBA program as well as anyone and move very quickly, so we recommend not limiting your search to your home state. If you utilize our lender match tool, we can find you suitable SBA banks based on your geography, industry, and company and size at no cost or obligation to you to save you valuable time.

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